NOVO NORDISK A/S-B (NOV.DE) Stock Technical Analysis
FRA:NOV - Deutsche Boerse Ag - DK0062498333 - Common Stock - Currency: EUR
We assign a technical rating of 0 out of 10 to NOV. NOV's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, NOV is a bad performer in the overall market: 99% of all stocks are doing better.
NOV is part of the Pharmaceuticals industry. There are 52 other stocks in this industry, of which 90% are performing better than NOV.
NOV is currently trading near the lower end of its 52 week range, which is not a good sign. Certainly not because the S&P500 Index is trading near new 52 week highs at the moment.
In the last month NOV has a been trading in the 38.54 - 61.82 range, which is quite wide. It is currently trading near the lows of this range.
Volume is considerably higher in the last couple of days.
The technical rating of NOV is bad and it also does not present a quality setup at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
42.97
67.01
5 important resistance areas can be observed.
- A resistance zone ranging from 43.43 to 43.43. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A resistance zone ranging from 57.25 to 57.64. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @59.36 from a trend line in the weekly time frame.
- Resistance @61.12 from a horizontal line in the daily time frame.
- Resistance @66.35 from a trend line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | DOWN | NEGATIVE | The long term trend for NOV.DE is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NOV.DE is down. |
| ChartMill Relative Strength | 1.51 | NEGATIVE | NOV.DE has a low relative strength, it was outperformed by 98.49% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(50). |
| Simple Moving Average/SMA (200) | DOWN | NEGATIVE | The current price of NOV.DE is below a declining SMA(200). |
| Relative Strength Index/RSI (14) | 33.6 | NEUTRAL | The RSI value for NOV.DE is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.65 | NEGATIVE | The MACD value suggests NOV.DE has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 18.2 | OVERSOLD | The low Stochastics value suggests NOV.DE may be oversold. |
| Average True Range in percent/ATR (20) | 6.65 | HIGH VOLATILITY | The high ATR as a percentage value for NOV.DE suggests high volalility. |
| Average Directional Index/ADX (14) | 34.04 | POSITIVE | The high ADX value value for NOV.DE suggests a strong trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
FRA:NOV (8/11/2025, 7:00:00 PM)
43.4
-0.02 (-0.05%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorHealth Care
GICS IndustryPharmaceuticals
Performance
% Chg-0.05%
1 Week2.67%
2 Weeks-28.15%
1 Month-26.86%
3 Month-23.87%
6 Month-42.16%
12 Month-64.75%
2 YearN/A
3 YearN/A
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)3.45
ATR(20)%6.65%
ATR Inc-38.61%
Range Today1.78
ADR(20)2.75
ADR(20)%6.33%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS1.51
Mansfield-5.04
10 Day High59.82
10 Day Low38.54
20 Day High61.82
20 Day Low38.54
52 Week High126.24
52 Week Low38.54
CS1 EndN/A
CR1 Start43.43
Volume & EV
DER(3)0.64%
DER(5)-0.1%
Volume681.18K
Volume Incr80.11%
Vol(5)992.97K
Vol(50)410.77K